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cover of episode Cut Up Those Credit Cards so You Can Actually Chase Freedom!

Cut Up Those Credit Cards so You Can Actually Chase Freedom!

2024/8/23
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Kat, a 25-year-old nurse, seeks advice on breaking free from the paycheck-to-paycheck cycle despite a good salary. She chronically overspends and relies on credit cards, hindering her financial progress. Jade and Ken suggest cutting up her credit cards and using a budgeting app like EveryDollar to gain control of her finances.
  • Kat earns $95,000-$110,000 annually but lives paycheck to paycheck.
  • She uses credit cards due to a false sense of security and overspends.
  • Jade advises Kat to cut up her credit cards and use a budget.
  • Ken emphasizes the importance of intentionality with budgeting.
  • EveryDollar is recommended as a helpful budgeting tool.

Shownotes Transcript

📱Watch the full episode for free in the Ramsey Network app.)

Ken Coleman & Jade Warshaw answer your questions and discuss:

  • "How do I stop living paycheck-to-paycheck?"

  • "How do I deal with financial fears?"

  • "Should we sell our car to pay off debt?"

  • "My dad was a victim of a romance scam"

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